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Mahenge Liandu graphite project, Tanzania

16th June 2017

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Mahenge Liandu graphite project.

Location
Tanzania.

Client
Armadale Capital.

Project Description
Testwork results received from graphite concentrate samples at Mahenge Liandu have demonstrated the commercial viability of graphite mineralisation at the project.

Initial expandability testwork conducted on a 150 g sample of graphite concentrates from the project has shown encouraging expandability, especially in the larger-size fractions, including 480 cm³/g > 500 µm, 420 cm³/g > 500 µm and 380 cm³/g > 180 µm.

The project has a high-grade Joint Ore Reserves Committee-compliant inferred mineral resource estimate of 40.9-million tonnes at 9.41% total graphitic content (TGC), of which at least 32-million tonnes has an average grade of 10.47% TGC.

Jobs to Be Created
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Value
Not stated.

Duration
Not stated.

Latest Developments
Ongoing testwork to upgrade the purity of the graphite is under way.

Preparations for a 2 500 m diamond and reverse-circulation drill programme are well advanced, with drilling expected to start in early May 2017. The drilling programme is intended to expand the size of the resource and enhance the category from inferred to indicated.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Armadale Capital, tel +44 20 7236 1177 or email info@armadalecapitalplc.com.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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